CCFC Calls For Mark Zuckerberg To Withdraw Instagram Kids: Reuters
Campaign for a Commercial-Free Childhood (CCFC), in a letter, has persuaded Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg to cancel the conception of Instagram targeted at the pre-teen age group citing “greater risk,” Reuters reports.
The letter states that Instagram exploits fears in youngsters for missing out. The platform’s focus on appearance and self-presentation could pose a challenge to adolescents’ privacy and wellbeing.
The letter was perfectly timed with the widespread global allegations against Facebook over fact distortions and inappropriate content.
Instagram drove Facebook’s bottomline by exploiting the validation-seeking youngsters by manipulating them to remain hooked to their devices, read the letter.
Price action: FB shares traded higher by 2.30% at $309.8 on the last check Thursday.
See more from Benzinga
Facebook Inks Renewal Energy Supply Agreement For India's Electrical Grid: Reuters
Ireland Watchdog Initiates Facebook Probe After Data Leak Reports: Reuters
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.